Responsible Lending in the BNPL Space: Balancing Innovation and Consumer Protection

The rising popularity of Buy Now Pay Later (BNPL) necessitates a balance between innovation and consumer protection through responsible lending practices, fostering trust and growth among providers, merchants, and consumers.

As BNPL gains attention from regulatory bodies, an emphasis on proportionate, outcome-based, and technology-neutral regulations can promote innovation, competition, and improved customer standards.

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